GFOA of the US & Canada

Standard and Poor’s Municipal Bond Downgrades, as a Result of the Downgrade to U.S. Treasuries

Standard and Poor’s has provided GFOA with the following links to assist our members in reviewing their ratings in order to determine if any of their outstanding debt issues has been downgraded, as a result of the downgrade to the U.S. Treasuries.

Standard and Poor’s has provided GFOA with the following links to assist our members in reviewing their ratings in order to determine if any of their outstanding debt issues has been downgraded, as a result of the downgrade to the U.S. Treasuries. Please note that in order to access the information, you will need to complete registration information – free of charge – on the S&Ps web site.  

State and local governments are reminded that if a bond has been downgraded, it is their responsibility to submit a material event notice to the Electronic Municipal Market Access system(www.emma.msrb.org).  Information on how to make a material event filing on EMMA, has been developed by the Municipal Securities Rulemaking Board, and may be found at http://www.msrb.org/msrb1/pdfs/Submitting-Continuing-Disclsoures.pdf

Rating Actions on Municipal Housing-Related Issues updated August 15, 2011(XLS)

(Link: http://www.standardandpoors.com/prot/ratings/articles/en/us/?articleType=XLS&assetID=1245316823717)

U.S. Government Securities In Escrow Downgraded to AA+/Negative(XLS)
(Link: http://www.standardandpoors.com/prot/ratings/articles/en/us/?articleType=XLS&assetID=1245316588229)
Publication Date: 08-Aug-2011

Public Finance Rating Actions Following The Downgrade of the U.S.

(Link: http://www.standardandpoors.com/ratings/articles/en/us/?articleType=HTML&assetID=1245316813415)
Publication Date: 11-Aug-2011

Ratings Lowered On 64 Tender Option Trust Certificates Supported By Freddie Mac